Daily Market Review
  • Last Week’s Review & This Week’s Outlook

    The coming week should be very busy for the markets while US elections should move to the back seat with the last debate behind. The focus will be on the upcoming Federal Reserve meeting. Last week Mario Draghi and the ECB left rates and policy on hold. When Draghi commented that the board did not […]

  • Markets Focus On Draghi’s Conference

    Global Markets Wall Street inched higher but the Mexican peso was mixed after the third and final U.S. presidential debate, which was judged to have given no clear boost to Donald Trump’s hopes of winning the White House. The peso is seen as the chief proxy for market pricing of the Republican candidate’s chances in […]

  • The Great Debate

    Global Markets Wall Street rose for a second day as energy companies surged with oil while corporate earnings boosted optimism on the economy. Treasuries fell. American equities gained as Morgan Stanley reported better-than-estimated results, outweighing a disappointing forecast from Intel Corp. Oil extended gains in New York after the Energy Information Administration reported that U.S. […]

  • The Pound Recovers With Strong Data

    Global Markets Wall Street rose Tuesday as investors welcomed better-than-expected quarterly results from Goldman Sachs Group Inc. and inflation data that was in line with forecasts. Higher oil prices were also helping sentiment, according to analysts. The S&P 500 index gained 17 points, or 0.8%, to 2,143 with all 11 main sectors trading higher. Health-care […]

  • Traders Begin To Worry About Earnings

    Global Markets European stocks are trading lower today as the Fed indicated it may allow inflation to run above target, leading to gains in bonds. Asian equities ended mostly lower and Wall Street was trading mixed. Speculation over timing of interest rate hike by the U.S Federal Reserve continues to dominate the overall market sentiments. […]

  • Bulls Unshaken as Profit Taking Hits U.S. Stocks

    Global Markets It was a week of twists as the S&P 500 Index alternated between gains and losses, a rarity during the bull market but one that’s now happened four times this year as sentiment is swinging on everything from central-bank policy to the U.S. election and perceptions on the economy’s strength. Earnings took a […]

  • Oil Remains The Price Market Focus

    Global Markets Wall Street slumped, with the Dow headed for a more than 150-point drop, as investors found little to cheer in the Federal Reserve’s latest thoughts or in fresh Chinese economic reports. The S&P 500 declined by 21 points, or 1%, to 2,117, led by sharp declines in materials and financials shares. The Dow […]

  • Traders Agree Clinton Wins and Dems Will Rule

    Global Markets Wall Street traded mixed Wednesday as traders prepare for the release of the minutes of last month’s Federal Reserve meeting and seek clues as to when the U.S. central bank will raise interest rates. At the open, the Dow Jones industrial average fell about 35 points, or 0.2%. The broad Standard & Poor’s […]

  • Earnings Season Gets Off To A Rocky Start

    Global Markets Wall Street traded firmly lower on Tuesday as disappointing results from aluminum giant Alcoa Inc. set the tone for the broader market as the third-quarter earnings season gets under way this week. Shares of Alcoa dropped more than 9% in early trade, and were on track for their worst daily drop in about […]

  • Markets See Clinton As Winner

    Global Markets Wall Street on Monday pointed higher, as investors prepared for the start of earnings season and scratched their heads over the second U.S. presidential debate. S&P 500 rose by 9 points, or 0.4%, to 2,155.50, while Dow Jones gained 64 points, or 0.4%, to 18,221. Nasdaq-100 tacked on 17.75 points, or 0.4%, to […]

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